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E.ON


Novinky

E.ON says Germany cannot rely on warm winters to weather gas crisis

UPDATE 1-E.ON says Germany cannot rely on warm winters to weather gas crisis Adds current storage levels, context FRANKFURT, Feb 1 (Reuters) - Germany is likely to get through this winter without major disruption to gas supplies, but the jury is still out for the next one, E.ON's EONGn.DE chief executive said, adding that households needed to step up efforts to save energy.
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E.ON CEO: households must save more gas, can't put hopes on another warm winter

E.ON CEO: households must save more gas, can't put hopes on another warm winter FRANKFURT, Feb 1 (Reuters) - Germany is likely to pass this winter without major gas supply disruption but the jury is still out for the 2023/24 season, the chief executive of energy firm E.ON EONGn.DE said, adding that private households needed to ramp up savings efforts.
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Germany's LNG import project plans

FACTBOX-Germany's LNG import project plans Adds opening Brunsbuettel terminal opening, Stade preparatory work FRANKFURT, Jan 20 (Reuters) - Germany received the third of a planned six terminals to import liquefied natural gas (LNG) on Friday in Brunsbuettel near Hamburg while preparatory work started at a fourth as the country looks to end its reliance on Russian gas.
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German Cartel Office Clears Rheinenergie's Strategic Venture With Westenergie

BRIEF-German Cartel Office Clears Rheinenergie's Strategic Venture With Westenergie Jan 20 (Reuters) - GERMAN CARTEL OFFICE: CLEARS RHEINENERGIE'S STRATEGIC VENTURE WITH WESTENERGIE Source text: https://bit.ly/3koIU1z Further company coverage: [EONGn.DE] Reporting by Paul Carrel
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Gas giant Uniper's rapid road to German nationalisation

Dec 19 (Reuters) - Gas giant Uniper's UN01.DE shareholders will on Monday vote on a planned bailout and nationalisation which has so far cost the German government more than 50 billion euros ($53.15 billion). It was hit by long-term Russian partner Gazprom GAZP.MM withholding gas exports after Moscow's invasion of Ukraine. Uniper had to buy gas at higher prices on the spot market to fulfil supply contracts with smaller utilities and industry, forcing Berlin to agree in September to nationalise i
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Uniper to reshuffle supervisory board as part of bailout

FRANKFURT, Dec 14 (Reuters) - Uniper UN01.DE will reshuffle its supervisory board as part of a planned bailout by the German government, the struggling gas trader said on Wednesday, just days before a shareholder meeting to approve what is essentially a full nationalisation. Four new board members, including former E.ON EONGn.DE Chief Financial Officer Marcus Schenck, are set to succeed the representatives of current majority shareholder Fortum FORTUM.HE on the supervisory board, the company sai
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Britain targets energy efficiency with consumption cut goal

By Sarah Young LONDON, Nov 17 (Reuters) - Finance minister Jeremy Hunt said he wanted Britain to cut its energy usage by 15% by 2030 to help reduce bills, catching up with European neighbours which are already prioritising measures to counter spiralling prices. Countries across Europe are facing an energy crisis after Russia's war in Ukraine caused prices to rise.
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UK's Hunt says average household energy bill to rise, keeps cap

LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt said the cost of an average household energy bill would rise to 3,000 pounds ($3,555) a year from April after he reined in the scale of support for gas and electricity, but kept a price cap until 2024. Hunt had said in October the government could no longer deliver a two-year energy support scheme for households that had been promised by previous leader Liz Truss which would have kept annual bills at around 2,500 pounds.
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UK's Hunt says average household energy bill to rise, keeps cap

LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt said the cost of an average household energy bill would rise to 3,000 pounds ($3,554.70) a year from April after he reined in his predecessor's vast support package for gas and electricity bills. "From April, we will continue the Energy Price Guarantee for a further 12 months at a higher level of 3,000 pounds per year for the average household," Hunt told parliament on Thursday.
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Britain's Hunt sets out plans to reduce energy consumption by 15% by 2030

LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt on Thursday said he wanted the country to become more energy efficient, outlining a new goal to reduce energy consumption by 15% over the next eight years to save money. "By 2030, we want to reduce energy consumption from buildings and industry by 15%," Hunt said. "Reducing demand by this much means, in today’s prices, a 28 billion pound saving from our national energy bill or 450 pounds off the average household bill." The govern
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UK hits power firms with windfall tax, hikes oil company levy

* Windfall tax on oil and gas companies rises to 35% * Power generators to face 45% levy from Jan. 1 By Susanna Twidale and Ron Bousso LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt on Thursday unveiled plans to increase a windfall tax on oil and gas companies and extend it to power generation firms in an effort to raise tens of billions of pounds to plug a major hole in public finances.
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UK's Hunt increases energy windfall tax

LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt said on Thursday the government would increase a windfall tax on oil and gas firms and extend it to power generation firms as he seeks to raise money to plug a hole in the public finances. Hunt said the levy would be increased to 35% from its current rate of 25%. It would also apply to electricity generators with a levy of 45% being applied from Jan.
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Energy crisis chips away at Europe's industrial might

(Fertiliser company Yara provided updated figures) By Clara Denina and Sarah McFarlane LONDON, Nov 2 (Reuters) - Europe needs its industrial companies to save energy amid soaring costs and shrinking supplies, and they are delivering - demand for natural gas and electricity both fell in the past quarter. It is far too early to rejoice, though. The drop is not just because industrial companies are turning down thermostats, they are also shutting down plants that may never reopen.
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Energy crisis chips away at Europe's industrial might

(Repeating to reach more subscribers) By Clara Denina and Sarah McFarlane LONDON, Nov 2 (Reuters) - Europe needs its industrial companies to save energy amid soaring costs and shrinking supplies, and they are delivering - demand for natural gas and electricity both fell in the past quarter. It is far too early to rejoice, though. The drop is not just because industrial companies are turning down thermostats, they are also shutting down plants that may never reopen.
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Energy crisis chips away at Europe's industrial might

By Clara Denina and Sarah McFarlane LONDON, Nov 2 (Reuters) - Europe needs its industrial companies to save energy amid soaring costs and shrinking supplies, and they are delivering - demand for natural gas and electricity both fell in the past quarter. It is far too early to rejoice, though. The drop is not just because industrial companies are turning down thermostats, they are also shutting down plants that may never reopen.
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Uniper's rocky road to German nationalisation

Oct 28 (Reuters) - German utility Uniper's UN01.DE finances are worsening, as borne out by an adjusted net loss of 3.2 billion euros ($3.18 billion) announced this week with more detail expected on Nov. 3, when the nine-month full report is due. The Berlin government in late September said it would nationalise the gas importer, which has been stricken by the impact of its long-term Russian partner Gazprom GAZP.MM withholding exports following Moscow's invasion of Ukraine.
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Germany's Scholz: nuclear plant extension brings clarity

BERLIN, Oct 18 (Reuters) - German Chancellor Olaf Scholz said on Tuesday his decision to extend the lifespan of three nuclear plants until April brings clarity to operators and the necessary legislation will be wrapped up quickly. "Several things are now clear - we are no longer looking at whether this is necessary, but it is decided that there will be production - not maybe, but definitely - so that the companies can adjust," said Scholz.
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E.ON's Isar 2 reactor can run until March 2023 after one-week maintenance

FRANKFURT, Sept 30 (Reuters) - E.ON's Isar 2 nuclear power plant will go offline for a week's maintenance from Oct. 21 in preparation for a life extension to March 2023, the company said, in line with Berlin's plan to keep two of Germany's last remaining reactors running a bit longer. "After the restart, the plant can continue to operate with the existing reactor core until probably March 2023. The federal government will decide on whether to actually call up (Isar 2) by the beginning of Decembe
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Energy crisis sires new European order: a strong Italy and ailing Germany

By Francesca Landini and Christoph Steitz MILAN/FRANKFURT, Sept 30 (Reuters) - In the weeks after Russia's invasion of Ukraine on Feb. 24, Claudio Descalzi, CEO of Italian energy major Eni ENI.MI , embarked on a whirlwind of trips to gas suppliers in Africa. The visits included meetings with officials in Algeria in February plus talks in Angola, Egypt and Republic of Congo in March, with Descalzi often accompanied by senior Rome officials, according to company and government releases.
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Uniper's rocky road to German nationalisation

Sept 21 (Reuters) - Germany's government announced steps on Wednesday to nationalise gas importer Uniper UN01.DE , brought to its knees after long-term Russian partner Gazprom GAZP.MM withheld exports in the wake of Russia's invasion of Ukraine. Russia closed the important Nord Stream 1 export pipeline into Germany three weeks ago, saying Western sanctions were hindering operations.
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